LCCI – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Sat, 28 Feb 2026 10:56:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png LCCI – InfoStride News https://www.theinfostride.com 32 32 LCCI Flags Engineering, Power Gaps Hindering Industrialisation https://www.theinfostride.com/lcci-flags-engineering-power-gaps-hindering-industrialisation/ https://www.theinfostride.com/lcci-flags-engineering-power-gaps-hindering-industrialisation/#respond Sat, 28 Feb 2026 11:00:24 +0000 https://www.theinfostride.com/?p=474324 The Lagos Chamber of Commerce and Industry has raised concerns over persistent engineering capacity deficits and unreliable power supply, warning that these challenges continue to undermine Nigeria’s industrialisation drive and limit the competitiveness of local industries. The chamber said unless these structural issues are urgently addressed, the country risks falling short of its industrial development [...]

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]]> https://www.theinfostride.com/lcci-flags-engineering-power-gaps-hindering-industrialisation/feed/ 0 LCCI Aims to Draw One Million Visitors to Annual Trade Fair https://www.theinfostride.com/lcci-aims-to-draw-one-million-visitors-to-annual-trade-fair/ https://www.theinfostride.com/lcci-aims-to-draw-one-million-visitors-to-annual-trade-fair/#respond Wed, 25 Feb 2026 17:15:15 +0000 https://www.theinfostride.com/?p=467353 The Lagos Chamber of Commerce and Industry (LCCI) has set its sights on attracting one million participants to its forthcoming annual trade fair, marking what is expected to be one of the largest and most significant editions of the event in recent years. The chamber, which organizes the Lagos International Trade Fair (LITF), announced that [...]

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]]> https://www.theinfostride.com/lcci-aims-to-draw-one-million-visitors-to-annual-trade-fair/feed/ 0 LCCI Urges Customs to Comply with Suspension of 4% FOB Levy https://www.theinfostride.com/lcci-urges-customs-to-comply-with-suspension-of-4-fob-levy/ https://www.theinfostride.com/lcci-urges-customs-to-comply-with-suspension-of-4-fob-levy/#respond Wed, 28 Jan 2026 17:02:32 +0000 https://www.theinfostride.com/?p=467087 The Lagos Chamber of Commerce and Industry (LCCI) has called on the Nigeria Customs Service (NCS) to fully comply with the Federal Government’s suspension of the controversial 4% Free on Board (FOB) import levy. The business group made the appeal following reports that despite the government’s announcement, some importers continue to face bottlenecks and demands [...]

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]]> https://www.theinfostride.com/lcci-urges-customs-to-comply-with-suspension-of-4-fob-levy/feed/ 0 LCCI and Partners Urge Global Investors to Harness Nigeria’s Economic Potential https://www.theinfostride.com/lcci-and-partners-urge-global-investors-to-harness-nigerias-economic-potential/ https://www.theinfostride.com/lcci-and-partners-urge-global-investors-to-harness-nigerias-economic-potential/#respond Thu, 22 Jan 2026 08:38:26 +0000 https://www.theinfostride.com/?p=466004 The Lagos Chamber of Commerce and Industry (LCCI) has renewed its call to global investors to take advantage of Nigeria’s growing investment opportunities, stressing that ongoing economic reforms and the country’s expanding market make it a prime destination for foreign capital. Speaking at recent engagements with international business communities ahead of upcoming trade missions and [...]

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]]> https://www.theinfostride.com/lcci-and-partners-urge-global-investors-to-harness-nigerias-economic-potential/feed/ 0 LCCI Urges FG to Suspend 4% Customs Charge https://www.theinfostride.com/lcci-urges-fg-to-suspend-4-customs-charge/ https://www.theinfostride.com/lcci-urges-fg-to-suspend-4-customs-charge/#respond Tue, 20 Jan 2026 21:11:30 +0000 https://www.theinfostride.com/?p=402768 The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to suspend the newly introduced 4% Comprehensive Import Supervision Scheme (CISS) charge on imports, warning that it will worsen production costs and stifle business growth. In a statement, LCCI argued that the additional levy would place an undue burden on importers, [...]

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]]> https://www.theinfostride.com/lcci-urges-fg-to-suspend-4-customs-charge/feed/ 0 LCCI Urges Federal Government to Prioritise Naira Stability https://www.theinfostride.com/lcci-urges-federal-government-to-prioritise-naira-stability/ https://www.theinfostride.com/lcci-urges-federal-government-to-prioritise-naira-stability/#respond Wed, 24 Dec 2025 09:12:06 +0000 https://www.theinfostride.com/?p=463065 The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to place immediate and strategic focus on stabilising the naira, stressing that continued volatility in the foreign exchange market is undermining investor confidence, raising the cost of doing business, and deepening inflationary pressures across the country. In a statement issued by [...]

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]]> https://www.theinfostride.com/lcci-urges-federal-government-to-prioritise-naira-stability/feed/ 0 LCCI Elects Leye Kupoluyi as President and Chairman of Council https://www.theinfostride.com/lcci-elects-leye-kupoluyi-as-president-and-chairman-of-council/ https://www.theinfostride.com/lcci-elects-leye-kupoluyi-as-president-and-chairman-of-council/#respond Sun, 07 Dec 2025 14:27:39 +0000 https://www.theinfostride.com/?p=473063 The Lagos Chamber of Commerce and Industry (LCCI) has elected Leye Kupoluyi as its new President and Chairman of Council, marking a key leadership transition in one of Nigeria’s foremost business advocacy organizations. Kupoluyi, who has long been involved in private-sector initiatives and economic policy advocacy, is expected to steer the chamber’s efforts in promoting [...]

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]]> https://www.theinfostride.com/lcci-elects-leye-kupoluyi-as-president-and-chairman-of-council/feed/ 0 Lagos, LCCI Push for Increased Investment in Community-Owned Mini-Grids https://www.theinfostride.com/lagos-lcci-push-for-increased-investment-in-community-owned-mini-grids/ https://www.theinfostride.com/lagos-lcci-push-for-increased-investment-in-community-owned-mini-grids/#respond Fri, 21 Nov 2025 18:28:15 +0000 https://www.theinfostride.com/?p=472065 The Lagos State Government, in collaboration with the Lagos Chamber of Commerce and Industry (LCCI), has renewed calls for increased investment in community-owned mini-grids as part of broader efforts to tackle electricity shortages and promote sustainable energy access across the state. The renewed advocacy comes amid persistent challenges in Nigeria’s national power supply, which has [...]

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]]> https://www.theinfostride.com/lagos-lcci-push-for-increased-investment-in-community-owned-mini-grids/feed/ 0 LCCI Calls on FG to Support and Incentivise Nigeria’s N300bn Printing Industry https://www.theinfostride.com/lcci-calls-on-fg-to-support-and-incentivise-nigerias-n300bn-printing-industry/ https://www.theinfostride.com/lcci-calls-on-fg-to-support-and-incentivise-nigerias-n300bn-printing-industry/#respond Thu, 06 Nov 2025 15:41:16 +0000 https://www.theinfostride.com/?p=470959 The Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Government to introduce strategic policies and incentives that will revitalise Nigeria’s printing and publishing industry, currently valued at over N300 billion, but struggling under the weight of high production costs, import dependence, and unfavourable fiscal conditions. In a statement issued on Sunday, the [...]

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]]> https://www.theinfostride.com/lcci-calls-on-fg-to-support-and-incentivise-nigerias-n300bn-printing-industry/feed/ 0 LCCI Urges Expanded 4% FOB Levy Exemptions to Boost Agricultural Exports https://www.theinfostride.com/lcci-urges-expanded-4-fob-levy-exemptions-to-boost-agricultural-exports/ https://www.theinfostride.com/lcci-urges-expanded-4-fob-levy-exemptions-to-boost-agricultural-exports/#respond Fri, 24 Oct 2025 16:42:30 +0000 https://www.theinfostride.com/?p=469919 The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to broaden the scope of the 4% Free on Board (FOB) levy exemptions to cover a wider range of agricultural products and exporters. The Chamber said such an expansion would not only enhance the competitiveness of Nigeria’s agricultural sector in the [...]

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]]> https://www.theinfostride.com/lcci-urges-expanded-4-fob-levy-exemptions-to-boost-agricultural-exports/feed/ 0 LCCI Urges Government to Address Escalating Energy Costs to Maintain Inflation Stability https://www.theinfostride.com/lcci-urges-government-to-address-escalating-energy-costs-to-maintain-inflation-stability/ https://www.theinfostride.com/lcci-urges-government-to-address-escalating-energy-costs-to-maintain-inflation-stability/#respond Sun, 19 Oct 2025 19:19:12 +0000 https://www.theinfostride.com/?p=469477 The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to take urgent and decisive action to tackle the country’s rising energy costs, warning that failure to do so could undermine recent progress in moderating inflation. The Chamber emphasized that the sharp increase in fuel, electricity, and logistics costs continues to [...]

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]]> https://www.theinfostride.com/lcci-urges-government-to-address-escalating-energy-costs-to-maintain-inflation-stability/feed/ 0 LCCI Says Nigeria’s Economic Growth Depends on Decisive Policy Action https://www.theinfostride.com/lcci-says-nigerias-economic-growth-depends-on-decisive-policy-action/ https://www.theinfostride.com/lcci-says-nigerias-economic-growth-depends-on-decisive-policy-action/#respond Fri, 10 Oct 2025 11:59:10 +0000 https://www.theinfostride.com/?p=468727 The Lagos Chamber of Commerce and Industry (LCCI) has stated that Nigeria’s economic recovery and long-term growth will depend largely on the government’s ability to take bold and decisive policy actions that address inflation, stabilise the foreign exchange market, and promote sustainable industrial development. In its latest economic review released on Friday, the Chamber warned [...]

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]]> https://www.theinfostride.com/lcci-says-nigerias-economic-growth-depends-on-decisive-policy-action/feed/ 0 LCCI Advocates Sustainable Transformation of Nigeria’s Tourism Industry https://www.theinfostride.com/lcci-advocates-sustainable-transformation-of-nigerias-tourism-industry/ https://www.theinfostride.com/lcci-advocates-sustainable-transformation-of-nigerias-tourism-industry/#respond Fri, 03 Oct 2025 16:00:17 +0000 https://www.theinfostride.com/?p=468174 The Lagos Chamber of Commerce and Industry (LCCI) has urged government and private stakeholders to prioritize the sustainable transformation of Nigeria’s tourism sector, stressing its potential as a major driver of economic diversification and job creation. The call comes as policymakers intensify discussions on reducing overdependence on crude oil revenues by expanding opportunities in sectors [...]

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]]> https://www.theinfostride.com/lcci-advocates-sustainable-transformation-of-nigerias-tourism-industry/feed/ 0 Lagos Chamber of Commerce and Afreximbank Join Forces to Boost Nigerian SMEs https://www.theinfostride.com/lagos-chamber-of-commerce-and-afreximbank-join-forces-to-boost-nigerian-smes/ https://www.theinfostride.com/lagos-chamber-of-commerce-and-afreximbank-join-forces-to-boost-nigerian-smes/#respond Thu, 02 Oct 2025 13:17:35 +0000 https://www.theinfostride.com/?p=468075 The Lagos Chamber of Commerce and Industry (LCCI) has entered into a strategic partnership with the African Export-Import Bank (Afreximbank) to provide much-needed support for small and medium-sized enterprises (SMEs) in Nigeria. This collaboration, which was recently unveiled, is expected to enhance access to finance, trade opportunities, and capacity-building for businesses that form the backbone [...]

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]]> https://www.theinfostride.com/lagos-chamber-of-commerce-and-afreximbank-join-forces-to-boost-nigerian-smes/feed/ 0 LCCI Promotes Youth Innovation Ahead of Annual Omolayole Lecture https://www.theinfostride.com/lcci-promotes-youth-innovation-ahead-of-annual-omolayole-lecture/ https://www.theinfostride.com/lcci-promotes-youth-innovation-ahead-of-annual-omolayole-lecture/#respond Fri, 19 Sep 2025 15:27:57 +0000 https://www.theinfostride.com/?p=466893 The Lagos Chamber of Commerce and Industry (LCCI) has reaffirmed its commitment to nurturing innovation and entrepreneurship among young Nigerians as it prepares to host the annual Omolayole Management Lecture. The forum, which is one of the country’s most respected platforms for leadership and economic dialogue, will once again bring together industry leaders, policymakers, and [...]

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]]> https://www.theinfostride.com/lcci-promotes-youth-innovation-ahead-of-annual-omolayole-lecture/feed/ 0 The only way to Reduce Inflation is by Improving Petrol Export, LCCI Urges FG https://www.theinfostride.com/the-only-way-to-reduce-inflation-is-by-improving-petrol-export-lcci-urges-fg/ https://www.theinfostride.com/the-only-way-to-reduce-inflation-is-by-improving-petrol-export-lcci-urges-fg/#respond Wed, 23 Jul 2025 22:00:53 +0000 https://www.theinfostride.com/?p=403225 The Lagos Chamber of Commerce and Industry (LCCI) has called on the federal government to boost petrol exports as a strategy to curb inflation and stabilize the economy. The chamber emphasized that increasing the country’s refining capacity and export of petroleum products would reduce dependence on imports, ease foreign exchange pressure, and lower production costs. [...]

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]]> https://www.theinfostride.com/the-only-way-to-reduce-inflation-is-by-improving-petrol-export-lcci-urges-fg/feed/ 0 LCCI Criticizes Federal Government Over Delayed Rice Import Implementation https://www.theinfostride.com/lcci-criticizes-federal-government-over-delayed-rice-import-implementation/ https://www.theinfostride.com/lcci-criticizes-federal-government-over-delayed-rice-import-implementation/#respond Fri, 17 Jan 2025 08:28:29 +0000 https://www.theinfostride.com/?p=400849 The Lagos Chamber of Commerce and Industry (LCCI) has expressed strong dissatisfaction with the Federal Government’s delay in implementing critical policies surrounding rice imports. The chamber highlighted the adverse effects of this delay on the agricultural sector and the economy at large. In a recent statement, LCCI President, Dr. Michael Olawale-Cole, noted that the prolonged [...]

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]]> https://www.theinfostride.com/lcci-criticizes-federal-government-over-delayed-rice-import-implementation/feed/ 0 LCCI Urges FG to Explore Alternatives to Borrowing for Budget Funding https://www.theinfostride.com/lcci-urges-fg-to-explore-alternatives-to-borrowing-for-budget-funding/ https://www.theinfostride.com/lcci-urges-fg-to-explore-alternatives-to-borrowing-for-budget-funding/#respond Sun, 24 Nov 2024 19:08:11 +0000 https://www.theinfostride.com/?p=395559 The Lagos Chamber of Commerce and Industry (LCCI) has advised the Federal Government to consider alternative funding options for the 2025 budget amid growing concerns over Nigeria’s rising debt profile. With borrowing making up a significant portion of the proposed budget’s financing plan, stakeholders are calling for a more sustainable approach to bridge fiscal deficits. [...]

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]]> https://www.theinfostride.com/lcci-urges-fg-to-explore-alternatives-to-borrowing-for-budget-funding/feed/ 0 LCCI Urges States to Implement New Minimum Wage for Economic Stability https://www.theinfostride.com/lcci-urges-states-to-implement-new-minimum-wage-for-economic-stability/ https://www.theinfostride.com/lcci-urges-states-to-implement-new-minimum-wage-for-economic-stability/#respond Sat, 19 Oct 2024 20:41:32 +0000 https://www.theinfostride.com/?p=391506 The Lagos Chamber of Commerce and Industry (LCCI) has called on state governments across Nigeria to swiftly implement the recently approved national minimum wage to enhance economic stability and improve the living standards of workers. This appeal follows the Federal Government’s approval of a new minimum wage, aimed at addressing the rising cost of living [...]

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]]> https://www.theinfostride.com/lcci-urges-states-to-implement-new-minimum-wage-for-economic-stability/feed/ 0 LCCI Urges Urgent Government Attention to Address Rising Food Costs https://www.theinfostride.com/lcci-urges-urgent-government-attention-to-address-rising-food-costs/ https://www.theinfostride.com/lcci-urges-urgent-government-attention-to-address-rising-food-costs/#respond Fri, 23 Feb 2024 22:44:19 +0000 https://www.theinfostride.com/?p=371673 The Lagos Chamber of Commerce and Industry (LCCI) has issued a call to the Federal Government, emphasizing the need for urgent attention to address the escalating costs of food items. The chamber’s statement highlights the potential economic implications of rising food prices and underscores the importance of swift interventions to mitigate the impact on consumers [...]

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]]> https://www.theinfostride.com/lcci-urges-urgent-government-attention-to-address-rising-food-costs/feed/ 0 Nigeria is the only major oil exporter that didn’t profit from higher global oil prices -LCCI https://www.theinfostride.com/nigeria-is-the-only-major-oil-exporter-that-didnt-profit-from-higher-global-oil-prices-lcci/ https://www.theinfostride.com/nigeria-is-the-only-major-oil-exporter-that-didnt-profit-from-higher-global-oil-prices-lcci/#respond Tue, 09 Aug 2022 23:00:06 +0000 https://www.theinfostride.com/?p=330329 The Lagos Chamber of Commerce and Industry (LCCI) has stated that Nigeria is the only major oil exporter that hasn’t benefited from the windfall of higher global oil prices. This was disclosed by Dr. Michael Olawale-Cole, President of LCCI in a statement, according to the News Agency of Nigeria. He added that the recent naira [...]

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]]> https://www.theinfostride.com/nigeria-is-the-only-major-oil-exporter-that-didnt-profit-from-higher-global-oil-prices-lcci/feed/ 0 Nigeria requires clear procedures on cross border trade/exchange – LCCI https://www.theinfostride.com/nigeria-requires-clear-procedures-on-cross-border-trade-exchange-lcci/ https://www.theinfostride.com/nigeria-requires-clear-procedures-on-cross-border-trade-exchange-lcci/#respond Sun, 19 Sep 2021 20:05:09 +0000 https://www.theinfostride.com/?p=308401 Nigeria needs to have open and plain procedures on cross border trade and make it easy to comply with by all kinds and sizes of enterprises involved in trading across borders. This was disclosed by the Director-General, Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona in an exclusive interview with The Punch. She [...]

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]]> https://www.theinfostride.com/nigeria-requires-clear-procedures-on-cross-border-trade-exchange-lcci/feed/ 0 LCCI tasks government on job creation, infrastructure to check irregular migration https://www.theinfostride.com/lcci-tasks-government-on-job-creation-infrastructure-to-check-irregular-migration/ https://www.theinfostride.com/lcci-tasks-government-on-job-creation-infrastructure-to-check-irregular-migration/#respond Tue, 03 Aug 2021 21:28:54 +0000 https://www.theinfostride.com/?p=302838 With an estimated profit of $150billion yearly from about a 25million people exploited by human traffickers, the Lagos Chamber of Commerce and Industry (LCCI) has asked the government to address factors that drive irregular migrants on dangerous journeys through the creation of jobs and infrastructure that support entrepreneurship, adequate security and vocational skill training opportunities. [...]

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]]> https://www.theinfostride.com/lcci-tasks-government-on-job-creation-infrastructure-to-check-irregular-migration/feed/ 0 LCCI Partners With Lagos Government In Tourism, Hospitality Sector https://www.theinfostride.com/lcci-partners-with-lagos-government-in-tourism-hospitality-sector/ Sun, 16 Jul 2017 14:33:41 +0000 http://www.theinfostride.com/?p=172026 A high-level delegation of the Lagos Chamber of Commerce and Industry (LCCI) recently paid a courtesy visit to the State Ministry of Tourism, Arts and Culture to seek partnership with the Government in the development of hotels, tourism and entertainment sector in the State. Chief Samuel Alabi, the leader of the visiting team, said the [...]

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]]> Kaymu Partners With Lagos Chamber of Commerce and Industry To Launch Enterpreneurs’ Club https://www.theinfostride.com/kaymu-partners-with-lagos-chamber-of-commerce-and-industry-to-launch-enterpreneurs-club/ Wed, 26 Aug 2015 17:49:50 +0000 http://www.theinfostride.com/?p=95056 KAYMU, LCCI PARTNER FOR ENTREPRENEURS’ CLUB Lagos, Nigeria (August 26th 2015): To contribute and enhance the technological advancement of the SME community in Nigeria, online shopping community Kaymu has partnered with Lagos Chamber of Commerce and Industry LCCI to host the maiden edition of the Entrepreneurs’ Club. The Entrepreneurs’ Club is an innovative business and technology [...]

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